On August 31, Texas Banking Commissioner Charles G. Cooper announced that Trenton-based CapTex Bank National Association has completed its conversion to a Texas state-chartered bank from a national banking association. The bank began operating as CapTex Bank under its new charter effective August 31. The bank, a wholly owned subsidiary of CapTex Bancshares Inc., was originally chartered in 1901 and will enter the state banking system with approximately $206 million in assets as of June 30.
CapTex Bank’s executive team is led by George A. Lea, chairman and CEO, and Michael R. Thomas, vice chairman, president and chief lending officer. The bank operates branches in Trenton, Bonham, Leonard and Melissa in addition to its main office, which relocated to Fort Worth with the conversion.
“I welcome CapTex Bank to the Texas state banking system and applaud its clear commitment to providing sound, professional financial services to Collin, Fannin and Tarrant counties while maintaining strong personal relationships with customers,” Cooper says.
